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Saturday, August 19, 2006

Major Weapons Costs Double Since 9/11

Systems to have little direct role in terror fight

Surprise, surprise. The Boston Globe's Bryan Bender is reporting this morning that Major arms soar to twice pre-9/11 cost:

WASHINGTON -- The estimated costs for the development of major weapons systems for the US military have doubled since September 11, 2001, with a trillion-dollar price tag for new planes, ships, and missiles that would have little direct role in the fight against insurgents in Afghanistan and Iraq.

The soaring cost estimates -- disclosed in a report for the Republican-led Senate Budget Committee -- have led to concerns that supporters of multibillion-dollar weapons programs in Congress, the Pentagon , and the defense industry are using the conflicts and the war on terrorism to fulfill a wish-list of defense expenditures, whether they are needed or not for the war on terrorism.

The report, based on Defense Department data, concluded that the best way to keep defense spending in check in the coming years lies in ``controlling the cost of weaponry," especially those programs that the Pentagon might not necessarily need.

The projections of what it will cost to acquire "major weapons programs" currently in production or on the drawing board soared from $790 billion in September 2001 to $1.61 trillion in June 2006, according to the congressional analysis of Pentagon data.

The Globe's story seems to have been sparked by the little known Budget Bulletin, a weekly publication of the Republican-controlled Senate Budget Committee.
by Meteor Blades

Full story


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